info
This space is no longer listed on Digsy
AVAILABILITY DETAILS
- Size
- 2,163 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA399094
- Notes
- NEW CONSTRUCTION, OPENED MAY 1, 2020!
OFFERING SUMMARY
DOWN PAYMENT: 100%
CAP RATE: 4.75%
TENANT SUMMARY
LEASE TYPE: Absolute NNN
RENT COMMENCEMENT DATE: April 28th 2020
LEASE EXPIRATION DATE: April 27th 2035
TERM REMAINING ON LEASE: Fifteen (15) Years
INCREASES: 10% Every 5-Years
INVESTMENT HIGHLIGHTS
• Brand New 2020 Construction
• 15-Year Absolute NNN Lease (Zero Landlord Responsibilities)
• 10% Rental Increases Every 5 Years
• Located on Arlington Avenue with Traffic Counts exceeding 20,000 Cars Per Day
• High Growth Area with Dense Demographics- 7% Expected Population Growth Over the Next 5-Years
• Strong Operator with one of the fastest growing Franchisee’s in the Inland Empire
• Expected Store Sales to exceed national average
• Hedge against Inflation with scheduled Base Rent Increases through 2035.
• Excellent Frontage and Visibility with next to newly remodeled McDonalds, new Taco Bell, and other ground up developed food concepts
- Uses
- Retail
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Mike Hana, Lee & Associates